Repo rate

RBI Governor Sanjay Malhotra gestures while delivering the Monetary Policy statement, in MumbaiBusiness

RBI cuts repo rate by 50 bps to 5.5%, third consecutive reduction

The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Follo...

By NewsDrum Desk
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